Wednesday, September 26, 2012

EU: H1 Long

Long:

Yellow=Buy zone
Red Line=Stop loss
Green Line(horizontal)=Take Profit (use 5pips under for safety)

Vertical line and purple square= When price will reach TP

This is the first possible projection for this pattern, my hope with this blog is not as much to teach how I make the projections but to share the profits with others that wish to trade.

I will update if needed.

Update:
I took profit at the .382 Which also would =100 for this pattern. Will still look for upside if there is a bounce.



Any Questions Can be Emailed to:

Wednesday, August 8, 2012

EUR/USD D1 Long Update:Complete

Have a bit more free time so I will post a few more trades.






This cycle stops at a .382 LVL

The first .382 is highlighted in green, ever .382 that is broken without at swing shows that the cycle is still looking for the next .382 and will not cross the ultimate low before getting to a higher .382.


UPDATE: The market made a new low a better price to get in at but has not crossed the highlighted (blue) low, still looking for .382 level cycle completion.





Complete.



Any Questions Can be Emailed to: